Bill
Bill > A10499
NY A10499
NY A10499Establishes expanded construction mentorship opportunities for small and minority and women-owned business enterprises.
summary
Introduced
05/29/2024
05/29/2024
In Committee
05/29/2024
05/29/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the executive law, the state finance law and the public authorities law, in relation to establishing expanded construction mentorship opportunities for small and minority and women-owned business enterprises
AI Summary
This bill establishes expanded construction mentorship opportunities for small, minority, and women-owned business enterprises (MWBEs). The key provisions include:
1. Requiring state agencies to identify and establish mentorship opportunities and other business development programs to increase MWBE capacity and prepare them for bidding on state contracts, including instances where there is privity of contract between an MWBE and a subcontractor or contractor working on a state contract.
2. Encouraging mentor-protege relationships between MWBEs and state agencies where there is privity of contract between an MWBE and a subcontractor or contractor working on a state contract.
3. Requiring state agencies, departments, and authorities that have let more than $10 million in service and construction contracts in the prior fiscal year to develop mentor-protege programs to foster long-term relationships between state agencies, approved mentor firms, and small and MWBE businesses.
4. Allowing the state's public authorities to further establish small business mentoring programs between the agency and an MWBE in instances where there is privity of contract between an MWBE and a subcontractor or contractor working on an authority public works contract.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to governmental operations (on 05/29/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Small Business
Civil Rights, Minority Issues, and Civil Liberties
- ‐ Ethnic Minority and Racial Group Discrimination
Government Operations
- ‐ Government Procurement and Contracting
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A10499 | 05/29/2024 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10499&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10499 | 05/29/2024 |
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